Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$411,712$395,910
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.570%7.400%
Blended rate8.120%7.640%
1st payment$2,978.19$2,741.20
2nd payment$0.00$0.00
Taxes / mo$803.25$803.25
Insurance / mo$150.00$150.00
MI / mo$193.89$79.18
HOA / mo$7.50$7.50
Total monthly$4,132.83$3,781.13
Cash to close$28,188$43,990